India Wind Turbine Industry 2015 Size, Trend, Analysis, and Forecasts to 2019

ResearchMoz.us include new market research report"Wind Turbine Market in India 2015-2019 " to its huge collection of research reports.

About Wind Turbines

Wind turbine converts kinetic energy of the wind into mechanical energy or electricity. The wind turns two or three propeller-like blades around a rotor. The rotor is connected to the main shaft, which spins a generator to produce electricity. The amount of the power produced depends on the speed of the wind and the number and size of wind turbines. Wind turbines are usually grouped together into a single wind power plant known as wind farm. Bulk electricity is generated in these wind farms, which is transmitted through the grid and distributed to the consumers.

Wind turbines can be built on land or offshore in large water bodies such as oceans and lakes. Wind energy is one of the cheapest and cleanest sources of electricity. Unlike the fossil fuels such as coal, oil and gas, wind plants do not generate pollutants or greenhouse gases.

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Wind power offers various advantages:

• Wind is a renewable form of energy and inexhaustible unlike fossil fuels

• It is environment friendly and does not emit greenhouse gases

• The installation of wind power plants consume less time and low cost compared to that of conventional power plants

• It is a great source of power in remote locations

Technavio's analysts forecast the wind turbine market in India to grow at a CAGR of 13.1% according to the cumulative installed capacity over the period 2014-2019.

Covered in this Report

The wind turbine market in India can be segmented on the basis of installation type and geography.

By installation type:

• Onshore

• Offshore

By geography:

• Tamil Nadu

• Maharashtra

• Gujarat

• Rajasthan

• Karnataka

• Others

Technavio's report, Wind Turbine Market in India 2015-2019, has been prepared based on...